Sandra Vera-Munoz

- Biography
- Background
- Publications
- Awards
- Grants
- Media
Sandra C. Vera-Muñoz is an Associate Professor, an EY Faculty Fellow, a Notre Dame Deloitte Center for Ethical Leadership Faculty Fellow, a Kaneb Center Faculty Fellow, and former Deloitte Foundation Department Chair of Accountancy. She currently teaches Sustainability Accounting & Reporting and Impact Investing and Strategic Cost Management. Her research focuses on climate risk disclosures and assurance, and judgment and decision making. She received a B.B.A. (Accounting) from the University of Puerto Rico, an MBA from Penn State University, and a Ph.D. (Accounting) from the University of Texas at Austin. Her dissertation on accounting knowledge and opportunity costs was honored with the AAA/ABO Outstanding Dissertation Award.
She has published in The Accounting Review, Contemporary Accounting Research, Review of Accounting Studies, Auditing: A Journal of Practice and Theory, Accounting Horizons, Accounting, Organizations and Society, the Journal of Business Ethics, among others. She serves on the Editorial Board of Accountability in a Sustainable World Quarterly and served on the editorial boards of the Journal of International Accounting Research, Auditing: A Journal of Practice and Theory, The Accounting Review, and Contemporary Accounting Research, among others. She has been invited to present at numerous research presentations at national and international research conferences. Her 2014 article in The Accounting Review on carbon emissions and carbon disclosures has been cited more than 800 times. Vera-Muñoz has served on the AAA/Grant Thornton Doctoral Dissertation Award Committee, the AAA/Publications Committee, the New Faculty Consortium Planning Committee, and as a faculty liaison with KPMG. At Notre Dame, Sandra served on the Department Chairs Advisory Group to the Provost, the Search Committee for the Associate Vice President for Undergraduate Enrollment, and is a faculty mentor for underrepresented minority students through the Building Bridges Program. She serves on Notre Dame's Care for Our Common Home Theme Advisory Committee and the Academic Council, and has served on the Ryan Ethics Chair Search Committee and the Sustainability Strategy Standing Committee. She is the recipient of the 2022 Rev. Edmund P. Joyce, C.S.C., Award for Excellence in Undergraduate Teaching and the 2022 Mendoza Mission Research Award. For her spirit of service and academic accomplishments, Professor Vera-Muñoz was named to the 2021 Notre Dame All-Faculty Team.
Education
Areas of Expertise
Editorial Boards
Accounting Horizons
Advances in Accounting Behavioral Research
Advances in Accounting Education
Decision Sciences Journal
Issues in Accounting Education
Journal of Management Accounting Research
Accountability in a Sustainable World Quarterly
March 11, 2022
Contemporary Accounting Research Conference
2007
The Accounting Review
August 31, 1994
Journal of International Accounting Research
June 1, 2017 - June, 2020
Auditing: A Journal of Practice & Theory
2014 - 2017
Management Accounting Reseach Conference
January 5, 2017 - January 7, 2017
Behavioral Research in Accounting
January, 2013 - December, 2015
Advances in Accounting
2006 - 2015
Journal of International Accounting Research
January, 2014 - December, 2014
Contemporary Accounting Research
2010 - 2013
The Accounting Review
April, 2003 - December, 2005
AAA/Taiwan Accounting Association Globalization Conference
1999 - 1999
Background
The Securities and Exchange Commission’s March 2022 proposed Climate Risk disclosure rule, https://www.sec.gov/rules/proposed/2022/33-11042.pdf, cites research by Matsumura, Prakash, and Vera-Muñoz, who investigate whether equity markets reward or penalize firms that disclose climate risk in their 10-K filings. Their paper, “Climate Risk Materiality and Firm Risk,” published in the Review of Accounting Studies, finds that disclosing firms’ cost of equity is lower than nondisclosing firms’. This difference in cost of equity is even larger for firms in industries where the market expects climate risk to be material but the firms do not disclose the risk in their 10-K., March, 2022